Chinese Commerce Ministry approves certain export permits for rare earths to US

發佈日期: 2025-06-13 21:08
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The Ministry of Commerce in Beijing said today that it had approved a number of export permits for rare earths and related items.

This comes a day after U.S. President Donald Trump announced China will resume supplies of those materials to American companies. 

In a press conference on Thursday, a spokesman for China's Ministry of Commerce briefed on the two-day China-U.S. trade talks held in London earlier this week, said new progress had been made on addressing each other's economic and trade concerns.

He noted both sides will further leverage their trade consultation mechanism to maintain dialogue, enhance consensus on vital matters, reduce misunderstandings and bolster cooperation.

The spokesman further emphasised their consistent opposition to unilateral tariff measures. This, as he urged the U.S. to comply with WTO rules and work with China under the principles of mutual respect and peaceful coexistence.

The ministry announced it has granted "a certain number" of export permits for rare earth elements and related items. It vowed to "sufficiently consider the reasonable needs and concerns by all countries in the civilian field."

The spokesman said China will continue to enhance its review of applications, and is ready to strengthen communication on export controls with relevant countries to facilitate compliant trade.

In the White House, U.S. President Donald Trump hailed the agreement reached with China. 

Trump said: "But I love China, we just made a deal, I respect President Xi a lot, and we made a deal that's good for both countries, the deal we made with China good for both countries, going be a lot of money made, and it's going to ultimately open up China." 

Trump stated his administration will stop efforts to revoke the visas of Chinese nationals in U.S. universities. 

U.S. Treasury Secretary Scott Bessent said the negotiations with Chinese delegates were successful, and called on China to uphold its commitments under an initial deal outlined in Geneva in May. 

He said the rebalancing of the world's two largest economies is possible if Beijing proves to be a "reliable partner." 

As for the popular short video platform TikTok, Bessent noted the two sides did not touch upon the topic during their meetings in London. 

The U.S. government earlier accused the company of posing a grave national security threat due to its alleged ties to Beijing. 

Questions about the app's fate still linger as its sale-or-ban deadline in the U.S. is set to expire on June 19th. 

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